HUNZANEWS:-Federal Minister for Kashmir Affairs & Gilgit-Baltistan, Chaudhary Barjees Tahir presented the annual budget of Gilgit-Baltistan for the year 2013-14 in the GB Council budget session held In Islamabad on Friday. The budget proposes Rs. 826 million expenditures against revenue target of Rs. 543 million. The Session was attended by members of Gilgit Baltistan Council and chaired by Syed Pir Karam Ali Shah, Governor Gilgit-Baltistan and Vice Chairman of Gilgit-Baltistan Council.
The budget deficit has been proposed to be met by grant from the Federal Government. The budget has allocated Rs. 325 million for development program. Rs.20 million will be granted to each member for development projects. Rs.145 million is reserved for construction of Gilgit Baltistan Council Secretariat Building. The budget proposes 10% increase in the allowances of the government employees in in order to bring it at par with the allowances of the federal government employees.
